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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Terry Whitman who wrote (38489)5/4/1999 10:15:00 PM
From: Lucretius  Read Replies (1) of 86076
 
typcially, I have noticed currencies break trendlines liek that and then reverse higher one last time before gapping down over the trendline in a SIGNIFICANT move that varies in size depending on the ultimate move.... my guess right now is thatit doesn't break down till Monday if it is even going to. But stocks and bonds could selloff in advance of that. Watch for a push up in gold to signal the coming move in the dollar.. it will likely lead it and my guess is we get a move to 295 or so on Fri.
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